Handling of holdings

The editorial of the January 11 – 'Managing financial risks' – speaks volumes. I am in dispute with my brokers as they are refusing to tell me who is the person in the company entrusted with the monitoring and purchasing and sales of my holdings, held under the discretionary portfolio. Another problem which arose and to which I have, as yet, not received a reply is that one of my holdings was transferred by them to execution basis only. Which means the brokers would not do anything unless I give specific instructions. It so happens that, without consultation, the company took the ... This article is part of our premium content. Full story is available on Times of Malta Premium.

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